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Statistics
SLIGHTLY HIGHER GLOBAL DEMAND
In 2002, the world automobile market
edged up by 0.3% to 55.8 million
passenger cars and light commercial
vehicles. The two largest markets, Western
Europe and North America, both declined,
with Europe contracting 3.0% to
16,191,800 new vehicle registrations and
North America easing 1.1% to 18,547,700
new vehicle registrations.
Markets in Asia recorded an aggregate
gain of 8.3%. In particular, demand in China
continued its steep upward trend, as car
sales surged 53% to more than 1,098,200
units. In Japan, the market shrank for the
second year in a row, ending 2002 down
1.9% at 5,704,800 registrations.
Demand in South America declined by an
overall 6.7%, with the Argentine market
falling 53% under the impact of persistent
recession, and the Brazilian market
retreating 7.0%. Auto markets in Central
Europe and Turkey continued to weaken,
losing a further 3.0% after declining
sharply in 2001.
WORLDWIDE SALES EXCEED TARGETS
PSA Peugeot Citroën’s worldwide sales
rose 4.3% during the year to 3,267,500
units, from 3,132,800 units in 2001,
thereby exceeding the 2002 target of
3,250,000 units. The year’s increase
means that sales have grown by 55% in
the past five years.
Growth was driven by the popularity of
Citroën and Peugeot models and the
performance of the two marques, which
both set new sales records in 2002.
Peugeot sold 1,955,400 cars and light
commercial vehicles, an increase of 3.0%
from 2001, while Citroën gained 6.4% to
1,312,100 units.
These unit sales gave the Group a 5.8%
share of the global market.
PSA PEUGEOT CITROËN - MANAGING BOARD REPORT 35